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Boeing gets ZERO orders first day at Le Bourget as European rival Airbus steals Paris Air Show

22 hours ago DieselGasoil Comments Off on Boeing gets ZERO orders first day at Le Bourget as European rival Airbus steals Paris Air Show
As the Paris Air Show kicked off on Monday at Le Bourget, European aerospace giant Airbus recorded over 100 orders for its aircraft. Boeing didn’t fare so well, however – the US planemaker didn’t announce a single new order. According to the aviation consulting firm IBA.iQ, on day one of the show orders and options for Read More

US Department of the Interior mulls issue with Hilcorp’s Liberty project spill plan

2 days ago DieselGasoil Comments Off on US Department of the Interior mulls issue with Hilcorp’s Liberty project spill plan
Anchorage, Alaska — Federal agencies are in the final stages of the regulatory approvals for Liberty, an Alaskan Beaufort Sea offshore project planned by Hilcorp Energy, but a wrinkle has developed for the oil spill contingency plan for the project, according to US Department of the Interior officials. Not registered? Receive daily email alerts, subscriber Read More

Delphi Energy Corp. Announces Sale of a Portion of Its Excess Alliance Service and Provides Credit Facility Update

2 days ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Sale of a Portion of Its Excess Alliance Service and Provides Credit Facility Update
CALGARY, Alberta, June 17, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces the sale of a portion of its Alliance Service and an extension to its senior credit facility. SALE OF A PORTION OF EXCESS ALLIANCE FIRM TRANSPORTATION SERVICE Delphi has entered into a binding agreement to sell and permanently assign Read More

Safe havens emerge in China, South Asia as recession risks grow

5 days ago DieselGasoil Comments Off on Safe havens emerge in China, South Asia as recession risks grow
HONG KONG/SYDNEY (Reuters) – Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold. But in Asia, investors are exploring new sanctuaries, from Chinese consumer stocks to Thai government bonds, some of which have thrived Read More

Announcement from Matra Petroleum’s continuing annual general meeting

6 days ago DieselGasoil Comments Off on Announcement from Matra Petroleum’s continuing annual general meeting
At the continuing annual general meeting (“AGM”) of Matra Petroleum AB, that was held today on 13 June 2019, the following matters were addressed: Election of the board of directors and remunerationAt the AGM that was held on 23 May 2019, it was resolved that all items regarding election of directors should be postponed to Read More

Texas South Energy provides update on Wilinda project

6 days ago DieselGasoil Comments Off on Texas South Energy provides update on Wilinda project
6/13/2019 HOUSTON — Texas South Energy, Inc., has announced that it has temporarily discontinued flowback operations on the TXSO Richter 1H well in Wilson County. The Richter 1H well was drilled to 9,447 ft, with approximately a 4,100-ft horizontal lateral. The well was designed to develop the matrix porosity section near the top of the Read More

U.S. green groups ramp up legal attacks on federal oil leases

6 days ago DieselGasoil Comments Off on U.S. green groups ramp up legal attacks on federal oil leases
(Reuters) – U.S. environmental groups fighting fossil-fuel development made headlines years ago with public demonstrations against big pipeline projects including the Dakota Access and the Keystone XL – only to be steamrolled by President Donald Trump’s executive orders to approve them. FILE PHOTO: A horizontal drilling rig on a lease owned by Parsley Energy operates Read More

Factbox: Safe havens emerge in China, South Asia as recession risks grow

6 days ago DieselGasoil Comments Off on Factbox: Safe havens emerge in China, South Asia as recession risks grow
HONG KONG/SYDNEY (Reuters) – Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold. But in Asia, investors are exploring new sanctuaries, from Chinese consumer stocks to Thai government bonds, some of which have thrived Read More

Canadian oil pipeline congestion sets up lucrative storage play

1 week ago DieselGasoil Comments Off on Canadian oil pipeline congestion sets up lucrative storage play
CALGARY, Alberta/NEW YORK (Reuters) – Upheavals in the Canadian crude market are providing unique opportunities for firms with sizeable long-term leases on Alberta storage tanks, a cluster that sources say includes Mercuria Energy Group and oil major BP Plc’s trading arm. FILE PHOTO: Crude oil storage tanks at Enbridge’s facility in Sherwood Park are seen Read More